News

• Trading Emissions sells its last CDM credits

  10 March 2014

  Trading Emissions, a London-listed investment fund currently being wound up, has disposed of its remaining portfolio of carbon credits.

• RGGI carbon price hits record high in latest auction

  10 March 2014

  A record clearing price of $4.00 was set in the 5 March auction of emission allowances by the Regional Greenhouse Gas Initiative (RGGI) – the first under its new, tighter emissions cap.

• Tesla has 'nosebleed' valuation as technology 'bubble' forms

  10 March 2014

  Electric vehicle firm Tesla has a "nosebleed valuation", according to a leading US investor who warned of an asset price bubble among technology companies.

• GIB and Equitix in £24.5m biomass deal with turkey farming giant

  10 March 2014

  The UK's pioneering Green Investment Bank and fund manager Equitix are to invest £24.5 million to finance the installation of biomass boilers at UK turkey farming giant Bernard Matthews.

• Duke buys 40MW of California solar from Infigen

  07 March 2014

  Duke Energy's renewables division has expanded its portfolio with the acquisition of 40MW of solar photovoltaic projects in California, more than doubling its presence in the state.

• RES pulls plug on biomass plant, blames UK policy uncertainty

  06 March 2014

  Renewable energy developer RES has abandoned work on a 300MW biomass power plant in the UK, blaming the government's "erosion of support" for the technology.

• ERAFP finds 19% carbon benefit in listed equity portfolio

  06 March 2014

  French pension fund ERAFP's portfolio of large-cap, developed-world, listed equities has a carbon-intensity almost one-fifth lower than its benchmark, analysts have found.

• $10m financing deal to boost energy storage

  06 March 2014

  Green Charge Networks, a California-based supplier of energy storage systems, has agreed a financing programme with TIP Capital, a provider of equipment finance, to help industrial, municipal and retail customers acquire its technology.

• Statkraft in NOK7bn Norwegian wind joint venture

  06 March 2014

  Statkraft is set to lead a new joint venture involving three other Norwegian energy companies to develop three wind projects in the country that require a total of NOK7 billion ($1.2 billion) of investment.

• New US solar PV capacity soars 41%, further growth forecast

  05 March 2014

  Photovoltaic (PV) power capacity of 4.75GW, with a market value of $13.7 billion, was added in the US last year – 41% more than in 2012 – according to an industry report, US Solar Market Insight.